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Gold short term analyses

Today US jobless claim numbers were published. The claims were lower than expected, which means that US labor market is really strong. With the announcement gold made a move lower and later recovered to 1934$ for an ounce. It was a short recovery and gold couldn't hold the 1930$ level. The 4H candle closed belove 200-4hour moving average. This is a really strong signal for gold to go lower. The wider support lies around 1990$ for an ounce.

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